Norway - Cash surplus or deficit

Cash surplus/deficit (current LCU)

The value for Cash surplus/deficit (current LCU) in Norway was 357,250,000,000 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 489,740,000,000 in 2008 and a minimum value of -19,966,020,000 in 1993.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 13,742,020,000
1991 2,931,012,000
1992 -19,408,020,000
1993 -19,966,020,000
1994 -7,613,975,000
1995 22,872,000,000
1996 51,540,000,000
1997 83,144,990,000
1998 53,374,000,000
1999 59,144,020,000
2000 220,892,000,000
2001 204,436,000,000
2002 124,787,000,000
2003 117,134,000,000
2004 188,728,000,000
2005 279,325,000,000
2006 382,830,000,000
2007 391,206,000,000
2008 489,740,000,000
2009 251,744,000,000
2010 309,770,000,000
2011 397,580,000,000
2012 426,510,000,000
2013 357,250,000,000

Cash surplus/deficit (% of GDP)

Cash surplus/deficit (% of GDP) in Norway was 11.64 as of 2013. Its highest value over the past 23 years was 18.80 in 2008, while its lowest value was -2.39 in 1992.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 1.83
1991 0.37
1992 -2.39
1993 -2.33
1994 -0.85
1995 2.37
1996 4.89
1997 7.28
1998 4.59
1999 4.67
2000 14.65
2001 13.07
2002 8.00
2003 7.23
2004 10.59
2005 14.04
2006 17.28
2007 16.65
2008 18.80
2009 10.36
2010 11.96
2011 14.24
2012 14.38
2013 11.64

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance